NOT LISTED FOR SALE

1152 N Palermo Rd Freedom, ME 04941

Estimated Value: $384,000 - $468,000

36 Acres
$11,722 Price per Acre
1,550,736 Sq Ft Lot

Last Sold October 15, 2015

Last sale price $31,000

Est. 1,246% increase in value since last sale

Current estimated payment $2,667/month

93 Days on Market

Highlights

  • 1,722 Feet of Waterfront
  • Scenic Views
  • Wooded Lot
  • Nearby Water Access
  • 35.6 Acre Lot
  • No HOA

About This Lot

As of October 2015

Lots of potential here for a camp, vacation home or logging. Lots of mature trees, some wetland, and much wildlife. Conveniently located and near Lake St. George and Sheepscot Lake for boating, fishing, camping and swimming. (Log cabin is on another parcel which is not for sale.) Come enjoy the mid-coast area.

Last Agent to Sell the Property

Holly Bennett

RE/MAX JARET & COHN Brokerage Email: belfast@jaretcohn.com Listed on: 07/27/2015

Last Buyer's Agent

Holly Bennett

RE/MAX JARET & COHN Brokerage Email: belfast@jaretcohn.com Listed on: 07/27/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $537

Lot Details

  • 35.6 Acre Lot
  • Home fronts a stream
  • 1,722 Feet of Waterfront
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Tax Lot 04-01
  • Assessor Parcel Number 1152No.PalermoRoadFreedom04941

Community Details

Overview

  • No Home Owners Association

Recreation

  • Nearby Water Access
  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$537

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 35.6
  • Road Surface Type: Paved
  • Water Body Name: Fifteen Mile Creek
  • MLS Status: Closed
  • Directions: From Belfast take Rte 3 West into Palermo. After Tobey's Market take a right. Go to fork and bear left onto No. Palermo Rd. Continue until just past the Freedom town line. Property is there on the right.
  • Attribution Contact: belfast@jaretcohn.com
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 35.6
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 1722.0
  • Water Info:Water Frontage Owned -: 1722.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Brook
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Gravel, Other

Utilities

  • Electric: No Electric
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Lot Size Sq Ft: 1550736.0
  • Parcel #: 1152No.PalermoRoadFreedom04941
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 537.0
  • Tax Book Number: 818
  • Tax Lot: 04-01
  • Tax Map Number: 01
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2020
Sold by
Miller Blaine
Bought by
Brugger Jacob and Brugger Alyssa L
Total Days on Market
93
Current Estimated Value
$417,317

Purchase Details

Closed on
Dec 18, 2019
Sold by
Brugger Jacob D
Bought by
Brugger Alyssa L and Brugger Jacob D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
3.72%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 16, 2015
Sold by
Pelrine William
Bought by
Brugger Jacob D
Seller's Agent
Holly Bennett
RE/MAX JARET & COHN
Buyer's Agent
Holly Bennett
RE/MAX JARET & COHN
List Price
$35,000
Sold Price
$31,000
Premium/Discount to List
-$4,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.08%
Original Mortgage
$21,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brugger Jacob -- None Available
Brugger Jacob -- None Available
Brugger Alyssa L -- None Available
Brugger Alyssa L -- None Available
Brugger Jacob D -- --
Brugger Jacob D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brugger Jacob D $40,000
Open Brugger Jacob D $180,000
Previous Owner Brugger Jacob D $35,200
Previous Owner Brugger Alyssa L $100,000
Previous Owner Brugger Jacob D $26,000
Previous Owner Brugger Jacob D $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $31,000 -11.4% --
09/17/2015 09/17/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $35,000 -- --
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,348 $291,790 $42,332 $249,458
2023 $4,712 $229,876 $33,332 $196,544
2022 $4,422 $227,959 $31,415 $196,544
2021 $3,875 $203,935 $31,415 $172,520
2019 $1,418 $64,463 $28,400 $36,063
2018 $722 $36,302 $28,400 $7,902
2017 $35 $36,302 $28,400 $7,902
2016 $517 $28,400 $28,400 $0
2015 $521 $28,400 $28,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1223196

Maine Listings

APN: FREM-000001-000000-000004-000001